PASADENA, Calif. (AP) _ Western Asset Mortgage Capital Corp. (WMC) on Tuesday reported third-quarter earnings of $19.7 million.
On a per-share foundation, the Pasadena, California-based firm stated it had revenue of 37 cents. Earnings, adjusted for non-recurring positive factors, got here to 28 cents per share.
The actual property funding firm posted income of $55.7 million within the interval. Its adjusted income was $16.6 million.
Western Asset Mortgage shares have climbed 21% because the starting of the 12 months. Within the closing minutes of buying and selling on Tuesday, shares hit $10.05, a lower of just about 1% within the final 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing information from Zacks Funding Analysis. Entry a Zacks inventory report on WMC at https://www.zacks.com/ap/WMC